I’ve been on fire since the last two days of December 2014, but since the first of February I’ve had a hard time finding quality plays. I’ve had this happen many times before but I always have to remind myself to stay vigilant and be patient for my trades will eventually appear. So far I’ve only had one 3 R trade, a few losers, a few winners, and I’m slightly up for the month. Last week I had two days that I did not even take a trade, this week I’ve found a trade or two but nothing of great significance to show off here. Being stubborn and waiting for quality trades is how I’ve been able to weather this dry spell. Earlier in my career, I would have blown up my account by now. Anyway, I do have a nice little short trade working in EUR/GBP that I’m up about 31 pips currently on one lot. I’ve got a target below at 120 pips and I have until Friday at 3 pm for price to get there hopefully.
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By TraderHank
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